Choosing the best binary option trading srevice for your business is hard with a lot of functions, choices, and offers to take note of. But, using our website will allow you to cut down the necessary steps by getting all key brokers in a single location.
For instance, you can match Quotex and CTOption for their features and overall scores, namely, 8.0 and 8.0, respectively. Similarly, you can compare which broker has superior general user satisfaction rating: 97% (Quotex) and 94% (CTOption) to find out which service is the better option. Don’t just start using the solution with the lowest minimum deposit, but the solution that has the most cost-effective value.
Our experts made sure to prepare reviews of all popular Binary Options Brokers services that you can find out there, but among them these three caught our special attention: IQ Option, GTOptions, Nadex.
Also, it has a “double-up” feature where you can place a new trade similar to the position of your initial trade but at the new current price point. It has the same cost to enter with the same expiry time as your initial trade but it’s under the current price.
Payout ratios vary for every asset of its type. For instance, payouts for different currency pairs in forex can vary from 36% to 88%. Moreover, payout percentages can also differ depending on the length of the trade contract. More often, the payouts of five-minute trades and up are higher than those in a shorter timeframe. Payout percentages are pinned on every trading asset with an unmistakable dark orange color.
Quotex members have essentially two types of trading accounts under one name. One is for demo trades and the other one is for live trading. You can access them both in a single session. This allows traders to simulate actions in current conditions before jumping in with live trades. Like other binary options platforms, registration is free and so is the demo account. Once new users get the hang of binary trading on the Quotex platform, they can deposit funds for live trading. Also, users can deposit and withdraw funds via bank transfers, epayment solutions, and even cryptocurrency, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Coinbase. Also, it supports Visa/Mastercard transactions.
Demo Account
Registration: Free
Virtual Currency: $10,000
Transaction Information
Minimum Deposit: $10
Minimum Dollar Withdrawal: $10
Minimum Bitcoin Withdrawal: $50
Withdrawal Time: 1-5 working days
No Transaction Fees (third-party solutions may do)
Quotex works hard to make payments on the same day the withdrawal transaction has been made. Also, depending on the value of transactions, verification may be required. Most of the time, however, no extra verification is needed. Lastly, there is no indication of a minimum maintenance balance.
Payouts Percentage
Variable
Withdrawal Options
Credit Card, Debit Card, Bank Wire Transfer
Assets
Forex, Metals, Oil, Gold, Indices, Commodities
Available Support
email
phone
live support
training
tickets
General Info
Provides users with a hassle-free binary trading options platform that is not only easy to use but also has advanced technical analysis solutions including customizable trend indicators and charts.
Almost as important as features and customer support responsiveness are pricing packages provided by Quotex and CTOption. Although price should not be a deciding element it’s surely an important thing to think about. You should count on a flexible pricing package that can be matched with your team size and painlessly scaled up every time your team expands. Be sure that you don’t choose plans that have extra tools that you won’t find a use for and always try to contact with the vendor directly as enterprises can frequently benefit from more affordable prices. You should also give a chance to a free trial or demo of each service to spend at least some time using it. It’s a useful experience that doesn’t require you to invest any money and offers a reliable overview of what it’s like to work with Quotex and CTOption.
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